PESTEL Analysis of Food Souvenir Industry in Macau POLITICAL: Bejing Visa Policy: The GDP of Macau is expected to increase by 30% this year which indicates that the economy is recovering from 2008 recession. That means‚ if the economy keeps its same speed‚ Central govt. might bring some new policy on visa restriction for Chinese visitors similar to that of 2008 & 2007. If the central govt. observes any negative impact of the gaming boom‚ they might tighten the visa policy. International
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The PESTEL framework examines the six main macro environmental influencing factors of companies: political‚ economic‚ social‚ technological‚ environmental and legal. These influences determine the future success or failure of the corporate strategies. The political influence include the role of the governments; economics embraces the macro economic factors such as growth rate‚ exchange rates and business cycles; the social component stands for changing cultures and demographics; technological influences
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Geert Hofstede defined that culture is "collective programming of the mind distinguishing the members of one group or category of people from another". (HOFSTEDE‚ 2012a) Human culture derives from people’s background‚ education‚ gender and so on. Therefore‚ different people have various cultures. Culture can influence employees’ relationship in workplaces. (HOFSTEDE‚ 2012b) Geert Hofstede studied this question for more than six years‚ and found six groups of national cultural dimensions. The first
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WORLD ECONOMY South-South cooperation and development Introduction Basically speaking‚ the biggest bottleneck in the development world economy is the unbalanced development of developing countries. Over long time‚ the unequal distribution of resource wealth and resource result in the vicious cycle of developing countries. Thus‚ accelerating economic and social development of developing countries is the important way to achieve prosperity of the world. South-South cooperation is now playing
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History influences the ethnic nationalism in Korea as well as the nature of the dynamic self-perception of the Korean people. Ethnic nationalism is defined as the combination of ethnicity and race due to historical circumstances. The self-perception of Koreans‚ a form of orientalism‚ derives from a form of ethnic nationalism and takes shape in the form of competitiveness amongst other nations. Although many critics argue that the stigma of ethnic nationalism may bring about a generalization of a
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The South vs. The South William W. Freehling 1-How anti-Confederate Southerners determined the course/outcome of the civil war. Specific information was given by Freehlng to show how the anti-confederates southerners determined the course and outcome of the civil war. The information is discussed in the following paragraph. According to Freehling‚ the events beyond the battlefields partially determined military verdicts. Furthermore‚ home front and battlefront unveiled defining aspects
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Bibliography: Freehling‚ William W. The South vs. the South: How Anti-Confederate Southerners Shaped the Course of the Civil War. New York: Oxford UP‚ 2001. Print.
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COUNTRY ANALYSIS REPORT India In-depth PESTLE Insights Publication Date: December 2010 OVERVIEW Catalyst This profile analyzes the political‚ economic‚ social‚ technological‚ legal and environmental structure in India. Each of the PESTLE factors is explored on four parameters: current strengths‚ current challenges‚ future prospects and future risks. Summary Key findings India is a stable democracy‚ but terrorism and its relationships with its neighbors continue to be a problem Since
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Justice Kraft is a senior here at IU Southeast and is studying Criminal Justice. Justice has attended IU Southeast and has grown as a student and person here‚ as well as watched IU Southeast grow as a campus. With this being said‚ he has experienced many ups and downs at IU Southeast‚ which in return will give a different viewpoint than that of a freshman. Justice’s stories align with the promises of Faculty you admire‚ teachers who inspire and Finding your community. Justice wanted to stay close
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The Temptations of Victory Korea Stoessinger‚ in his analysis of the Korean War‚ begins this chapter with many speculations. Speculations as to why the war broke out‚ speculations as to which nations were involved and why. He states that “though the causes of the offensive remain uncertain‚ it does appear probable that Stalin was behind the North Korean attack.” (Stoessinger 64) He does not‚ nor can he state that Stalin was certainly behind the war‚ all that he leaves us with are assumptions
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